EMEIA Real Estate Specialist
The Real Estate Specialist provides commercial real estate support to the worldwide organization across a range of disciplines including Lease Administration, Portfolio Management, Facilities Management and Transaction Management.
This role is specifically responsible for : providing reports, managing new vendor / broker relationships and directly participating with the negotiations for new lease commitments to ensure that any and all obligations are negotiated in the best interest of the company.
Primary Accountabilities :
Acts as the principal contact and advisor for all assigned lease renewals, expansions, acquisitions and divestitures within the business portfolio.
Utilizes the Allegion Space Standard to proactively monitor business requirements across business lines / entities and identify opportunities to decrease the portfolio size, reduce lease costs and limit future financial liabilities.
Works with key business leaders to develop real estate strategies in assigned areas.
Project-manages the portfolio initiatives including project approval, cost analysis, tracking and progress reporting and reporting of achievement of identified savings.
Perform project management tasks including planning, executing and closing projects as assigned.
Produces complex financial comparative analysis and associated financial considerations of real estate transactions and recommends the most viable and financially prudent viable options.
Manages broker and landlord relationships, including resolving and mitigating landlord / user disputes relating to lease contracts, billing issues, and property management issues by collaborating with property manager owners, legal counsel, lease administrators and project managers.
Negotiates business terms and conditions related to leases directly with landlords as required.
Works with the brokerage communities to develop RFP’s crafted to meet business goals and objectives.
Manages complex projects with the goal of maximizing space utilization.
Engages internal and external legal resources to review lease documentation and ensure that appropriate lease terms and conditions are reflected in agreements.
Recommends real estate policies & best practices as appropriate.
Interfaces with financial controllers as needed to ensure rental payments are in line with the obligations.
Audits assigned files to ensure rent payments, CAM charges and other payment requirements are accurately credited.
Identifies and engages critical resources / skills as necessary to complete engagements / assignments in a timely manner.
Conducts assigned real estate due diligence projects as part of the Mergers and Acquisition process.
Bachelor’s degree in a business related area or a Broker’s License;
A minimum of 3-5 years of progressive brokerage / transaction experience in commercial lease negotiations
In depth knowledge of financial terms and principles relating to real estate leases, negotiating terms, conditions, principles, policies / practices
Analytical, strategic and creative thinker in developing and presenting financial analysis as a basis to establish and position negotiations
Team builder who can who can motivate and negotiate effectively with key employees, clients and equally importantly with vendors brokers, landlords and developers
Ability to develop and present business cases based on due diligence
Basic understanding of building infrastructure / quality / configuration efficiencies is preferred
Strong interpersonal and communications skills
Excellent organization, administration, and time management skills
Familiarity with Costar
Seeking candidates eligible for employment in local country / region.
We are committed to helping you reach your professional, personal and financial goals. We offer competitive compensation that aligns with our business strategies and comprehensive benefits to help you live your healthiest.
We are committed to building an inclusive and diverse culture that engages as well as values the different backgrounds and experiences of our employee, which, in turn, spurs innovation, generates creative solutions and enhances our customer relations.
Allegion is committed to a diverse workforce and is an Equal Opportunity Employer.
Allegion is a diverse and inclusive environment. We are an equal opportunity employer and we are dedicated to hiring qualified protected veterans and individuals with disabilities.
If for any reason you cannot apply through the career site, please click here for special accommodation.
All qualified candidates will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Allegion plc, 2014 Block D, Iveagh Court, Harcourt Road, Dublin 2, Co. Dublin, Ireland
REGISTERED IN IRELAND WITH LIMITED LIABILITY REGISTERED NUMBER 527370